Added to YB: 2024-09-27
Pitch date: 2024-09-25
METC [bullish]
Ramaco Resources, Inc.
+43.7%
current return
Author Info
Company Info
Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.
Market Cap
$1.0B
Pitch Price
$10.86
Price Target
64.62 (+314%)
Dividend
N/A
EV/EBITDA
30.20
P/E
-27.93
EV/Sales
1.71
Sector
Metals and Mining
Category
value
Why are there Windmills on their Homepage?: Ramaco Resources $METC $METCB
METC: Undervalued met coal producer at $575M vs HCC's $3.1B. 5M ton 2024 run rate, $108/ton cost. 3x upside to match HCC valuation. $400-600M annual EBITDA potential. Free $37B rare earth asset. 6x return possible at 5x EV/EBITDA. China stimulus boost. Clean balance sheet, on-time projects.
Read full article (3 min)